Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Property investors have seen a 7.42% gain in NEW BERRIMA based on an increase in median home prices for the past three months.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $492,500
Profits averaged 18.78% per annum over a 3-year period, due to an upward trend in home prices in NEW BERRIMA, 2577.
The gross rental yield in NEW BERRIMA, 2577 is 0%.
An average of 1.5 real estate transactions take place per month in NEW BERRIMA which translates to 18 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $492,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.42% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 56.35% | N/A |
| Median 5 years | 82.41% | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 63.4 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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